Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Sidelines Mode (+55) - EURSLL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURSLL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSLL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSLL
The long-term trend has been UP since Mar 9th, 2020 at 10921.76
The intermediate-term trend has been UP since Feb 9th, 2021 at 12504.46
The short-term trend has been DOWN since Feb 23rd, 2021 at 12415.86
Smart Scan Analysis for EURSLL
Based on our trend formula, EURSLL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).